Laura Alix is a reporter at American Banker.
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The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard to pull off.
By Kevin WackFebruary 7 -
After essentially failing its 2013 CRA exam, BBVA Compass embarked on an ambitious plan to achieve the highest possible CRA grade. Here’s how it succeeded.
By Laura AlixFebruary 6 -
Consolidation of midsize firms in health care and other industries is expected to heat up in 2019. That’s welcome news to banks that have recently acquired boutique M&A advisory firms.
By Laura AlixFebruary 4 -
BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income.
By Laura AlixFebruary 1 -
Executives from Ally Financial and Santander Consumer USA gave rosy outlooks about 2019 consumer trends, while other banks that rely less heavily on car lending offered more cautious appraisals.
By Kevin WackFebruary 1 -
The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.
By Laura AlixJanuary 31 -
The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.
By Laura AlixJanuary 31 -
In addition to closing on its largest acquisition to date, the Tulsa, Okla., company reported double-digit growth in energy, health care and commercial real estate loans.
By Laura AlixJanuary 30 -
John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.
By Laura AlixJanuary 27 -
Police in Sebring, Fla., have yet to determine a motive for the attack in which four SunTrust workers and one customer were killed. The shooter, Zephen Allen Xaver, has been arraigned on five counts of first-degree murder.
By Laura AlixJanuary 24